US EditionNewport Beach Equity Firm Sells Nevada Land to Microsoft - Orange County Business Journal
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Newport Beach Equity Firm Sells Nevada Land to Microsoft - Orange County Business Journal
Mark IV Capital, a Newport Beach-based private equity firm specializing in real estate, sold 300 acres of open land to Washington-based Microsoft Corp, for about $70 million. The transaction was confirmed by public documents and a Mark IV Capital spokesperson. Public documents obtained from Lyon County, Nevada, where Fernley is located, show the transaction’s value was $70.5 million. The 300-acre property is located in Fernley, Nevada, about 35 …
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